{{Congcommitteesvnt}}{{tnr}}The '''United States House of Representatives Committee on Finance''' is a standing committee of the [[United States Senate|U.S. Senate]]. It was created during the 14th Congress between 1815 and 1817.<ref>[http://finance.senate.gov/about/history/ ''The United States Senate Committee on Finance'' "History of the Finance Committee"]</ref>

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{{Congcommitteesvnt}}{{tnr}}The '''United States Senate Committee on Finance''' is a standing committee of the [[United States Senate|U.S. Senate]]. It was created during the 14th Congress between 1815 and 1817.<ref>[http://finance.senate.gov/about/history/ ''The United States Senate Committee on Finance'', "History of the Finance Committee"]</ref>

The committee chairman in the [[114th United States Congress|114th Congress]] is [[Orrin Hatch]] ([[Republican|R]]).

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In December 2013, it was announced that [[Ron Wyden]] (D), who was expected to take over as the chairman of the committee in 2015, could take over sooner, with the appointment of [[Max Baucus]] as U.S. Ambassador to China.<ref name="finance">[http://www.usatoday.com/story/news/politics/2013/12/20/wyden-finance-baucus/4142381/ ''USA Today,'' "Sen. Wyden in line to head powerful Finance Committee," accessed December 30, 2013]</ref>

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===113th Congress===

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[[Max Baucus]] ([[Democratic|D]]) retained his committee chair in the [[113th Congress]].<ref>[http://democrats.senate.gov/2013/01/04/reid-announces-updated-committee-assignments-for-113th-congress/ ''United States Senate Democrats'', "Reid Announces Updated Committee Assignments For 113th Congress," January 4, 2013]</ref> He was replaced by [[Ron Wyden]] (D) when he was appointed as U.S. Ambassador to China.<ref name="finance">[http://www.usatoday.com/story/news/politics/2013/12/20/wyden-finance-baucus/4142381/ ''USA Today,'' "Sen. Wyden in line to head powerful Finance Committee," accessed December 30, 2013]</ref>

"The Senate Finance Committee has many important responsibilities which include promoting job creation, ensuring competitiveness and stabilizing the nation's fiscal health," Wyden said in a statement. "I also look forward to continuing my work on preserving the Medicare guarantee and protecting retirement security, updating the nation's tax system with a focus on growth, fairness and efficiency and ensuring that fiscal policy supports keeping jobs here in America."<ref name="finance"/>

"The Senate Finance Committee has many important responsibilities which include promoting job creation, ensuring competitiveness and stabilizing the nation's fiscal health," Wyden said in a statement. "I also look forward to continuing my work on preserving the Medicare guarantee and protecting retirement security, updating the nation's tax system with a focus on growth, fairness and efficiency and ensuring that fiscal policy supports keeping jobs here in America."<ref name="finance"/>

===112th Congress===

===112th Congress===

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The committee chair in the [[112th United States Congress|112th Congress]] is [[Max Baucus]] ([[Democratic|D]]).

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The committee chair in the [[112th United States Congress|112th Congress]] was [[Max Baucus]] ([[Democratic|D]]).

==Membership==

==Membership==

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===2013-2014 (113th Congress)===

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===2015-2016 (114th Congress)===

{{Committee members

{{Committee members

|Collapse=No

|Collapse=No

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|Committee1=Committee on Finance

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|year=2015-2016

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|Chamber=US Senate

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|Rep1=Orrin Hatch

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|gopstate1=Utah

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|gopleader1=Chairman

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|Rep2=Charles Grassley

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|gopstate2=Iowa

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|Rep3=Michael Crapo

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|gopstate3=Idaho

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|Rep4=Pat Roberts

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|gopstate4=Kansas

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|Rep5=Michael B. Enzi

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|gopstate5=Wyoming

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|Rep6=John Cornyn

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|gopstate6=Texas

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|Rep7=John Thune

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|gopstate7=South Dakota

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|Rep8=Richard Burr

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|gopstate8=North Carolina

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|Rep9=Johnny Isakson

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|gopstate9=Georgia

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|Rep10= Rob Portman

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|gopstate10=Ohio

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|Rep11=Pat Toomey

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|gopstate11=Pennsylvania

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|Rep12=Dan Coats

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|gopstate12=Indiana

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|Rep13=Dean Heller

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|gopstate13=Nevada

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|Rep14=Tim Scott

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|gopstate14=South Carolina

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|Dem1=Ron Wyden

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|demstate1=Oregon

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|demleader1=Ranking Member

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|Dem2=Charles E. Schumer

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|demstate2=New York

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|Dem3=Debbie Stabenow

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|demstate3=Michigan

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|Dem4=Maria Cantwell

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|demstate4=Washington

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|Dem5=Bill Nelson (Florida) {{!}} Bill Nelson

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|demstate5=Florida

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|Dem6=Robert Menendez

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|demstate6=New Jersey

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|Dem7=Thomas R. Carper

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|demstate7=Delaware

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|Dem8=Benjamin L. Cardin

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|demstate8=Maryland

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|Dem9=Sherrod Brown

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|demstate9=Ohio

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|Dem10=Michael Bennet

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|demstate10=Colorado

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|Dem11=Bob Casey

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|demstate11=Pennsylvania

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|Dem12=Mark Warner

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|demstate12=Virginia

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}}

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===2013-2014 (113th Congress)===

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{{Committee members

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|Collapse=Yes

|Committee1=Committee on Finance

|Committee1=Committee on Finance

|year=2013-2014

|year=2013-2014

Line 42:

Line 105:

|Rep11=Pat Toomey

|Rep11=Pat Toomey

|gopstate11=Pennsylvania

|gopstate11=Pennsylvania

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|Dem1=Max Baucus

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|Dem1=Ron Wyden

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|demstate1=Montana

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|demstate1=Oregon

|demleader1=Chair

|demleader1=Chair

|Dem2=John D. Rockefeller IV

|Dem2=John D. Rockefeller IV

|demstate2=West Virginia

|demstate2=West Virginia

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|Dem3=Robert Casey

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|Dem3=Charles E. Schumer

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|demstate3=Pennsylvania

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|demstate3=New York

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|Dem4=Ron Wyden

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|Dem4=Debbie Stabenow

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|demstate4=Oregon

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|demstate4=Michigan

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|Dem5=Charles E. Schumer

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|Dem5=Maria Cantwell

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|demstate5=New York

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|demstate5=Washington

−

|Dem6=Debbie Stabenow

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|Dem6=Bill Nelson (Florida) {{!}} Bill Nelson

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|demstate6=Michigan

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|demstate6=Florida

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|Dem7=Maria Cantwell

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|Dem7=Robert Menendez

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|demstate7=Washington

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|demstate7=New Jersey

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|Dem8=Bill Nelson (Florida) {{!}} Bill Nelson

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|Dem8=Thomas R. Carper

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|demstate8=Florida

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|demstate8=Delaware

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|Dem9=Robert Menendez

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|Dem9=Benjamin L. Cardin

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|demstate9=New Jersey

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|demstate9=Maryland

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|Dem10=Thomas R. Carper

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|Dem10=Sherrod Brown

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|demstate10=Delaware

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|demstate10=Ohio

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|Dem11=Benjamin L. Cardin

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|Dem11=Michael Bennet

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|demstate11=Maryland

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|demstate11=Colorado

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|Dem12=Sherrod Brown

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|Dem12=Bob Casey

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|demstate12=Ohio

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|demstate12=Pennsylvania

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|Dem13=Michael Bennet

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|Dem13=Mark Warner

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|demstate13=Colorado

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|demstate13=Virginia

}}

}}

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Line 193:

|demstate13=Maryland

|demstate13=Maryland

}}

}}

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==Committee legislation==

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The below chart from [http://findthebest.com/ Find The Best] tracks the legislation coming out of each committee.

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{{find the best|title=<htmlet>FindTheBest-Committees-SenateCommitteeonFinance</htmlet>|float="center"|width=550px}}

113th Congress

"The Senate Finance Committee has many important responsibilities which include promoting job creation, ensuring competitiveness and stabilizing the nation's fiscal health," Wyden said in a statement. "I also look forward to continuing my work on preserving the Medicare guarantee and protecting retirement security, updating the nation's tax system with a focus on growth, fairness and efficiency and ensuring that fiscal policy supports keeping jobs here in America."[3]

Jurisdiction

According to the official Senate website, the jurisdiction of the Finance Committee includes the following:

taxation and other revenue measures generally, and those relating to the insular possessions

bonded debt of the United States

customs, collection districts, and ports of entry and delivery

reciprocal trade agreements

tariff and import quotas, and related matters thereto

the transportation of dutiable goods

deposit of public moneys

general revenue sharing

health programs under the Social Security Act, including Medicare, Medicaid, the Children's Health Insurance Program (CHIP), Temporary Assistance to Needy Families (TANF) and other health and human services programs financed by a specific tax or trust fund